Shelton Lock Derby DE24 9JA

For Sale £395,000

Property Details

Shelton Lock Derby DE24 9JA

For Sale £395,000
Description

Freehold public house for sale

- Derby

Freehold public house for sale
Potential development site (STPP) 0.40 acres approx
Open plan ground floor trading areas
First floor owners/managers accommodation
Vacant possession upon completion

LOCATION
The property is located in the Shelton Lock area to the south of Derby City centre between Allenton and Chellaston.
Derby with an estimated population of 250,000 in the city and surrounding areas has extensive transport links with other areas of the country. The M1 motorway passes about ten miles (16 km) to the east of the city, linking Derby southwards to the London area and northwards to Sheffield and Leeds. Other major roads passing through or near Derby include the A6, A38, A50, A52 (Newcastle-under-Lyme to Mablethorpe, including Brian Clough Way linking Derby to Nottingham) and A61 (Derby to Thirsk via Sheffield and Leeds).

DESCRIPTION
A 2 storey detached freehold property of brick construction under a pitched tiled roof, with single storey pitched roof elevations.
The property sits in approximately 0.40 acres of land offering possible redevelopment potential (STPP).

ACCOMMODATION
The property benefits from an open plan ground floor bar area in an L-shape. With a range of fixed and free standing tables and chairs, large bar servery. Seating is split into areas, lounge bar/ public bar/ games area.
Ladies and gents w/c’s.
Catering kitchen and store rooms
Ground floor cellar
First floor managers flat (not inspected) comprising 2 bedrooms, lounge, kitchen and bathroom.

SERVICES
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

TERMS
Offered for sale freehold with vacant possession.

OUTGOINGS
According to the valuation office agency website, the current rateable value is £26,750 per annum. Interested parties should contact the relevant local for rates payable and any relief available.

VAT
The property is opted to tax, the purchase price will attract VAT.

LEGAL COSTS
Both Parties will be responsible for their own legal costs.

SERVICE CHARGE
Not applicable

PARKING NOTES
There is ample parking on site for staff and guests using the public house.

PLANNING
The property benefits from A4 planning and benefits from a premises licence.

OTHER
Finance may be available through Independent Financial Brokers and Moores Commercial would be pleased to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

VIEWING
Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com

Moores Commercial offer a unique personal service helping clients with all aspects of commercial property across the Midlands